Iotchain

$0.105

IoT Chain is a Lite operating system based on the blockchain and using distributed ledger technology, which integrates the DAG (Directed Acyclic Graph) architecture model and is aiming to solve the problems occurring with the security and safety issues of
the Internet. It's also very scalable due to its enormous worldwide network system that allows users to reach above 10 000 transactions per second.

The decentralized IoT network manages to function at such speed and with an unparalleled level of security because it uses a combination of Practical Byzantine Fault Tolerance (PBFT), blockless Directed Acyclic Graph, and a hybrid approach of the blockcha
in. ITC's primary goal is to protect the ownership and usage of data on the Internet, but at the same to allow users to choose whether to provide their data to third parties, or not.

With time, more and more electronic devices are run by smart technology, and they will all need an IoT operating system to connect and share data. IoT Chain is in a high position to become the go-to platform for all devices with smart technology so it can provide them with access to an IoT ecosystem.